The Finance Bill, 2022 went through the First Reading on 13 April 2022. We provide below a summary of the proposed amendments the Bill seeks to make to various Tax Laws.
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The Finance Bill, 2022 went through the First Reading on 13 April 2022. We provide below a summary of the proposed amendments the Bill seeks to make to various Tax Laws.
The Employment (Amendment) Act, No. 15 of 2022 was assented into law on 4 April 2022, by the President, H.E. Uhuru Kenyatta.
The High Court, in its ruling in High Court Insolvency Petition E018 of 2020 in the matter of Tusker Mattresses Limited, held that a secured creditor is entitled to exercise its statutory power of sale without recourse to the court exercis..
Corruption in Kenya has been cited as one of the key factors negatively affecting the country’s socio-economic development. The Kenya Ethics and Anti-Corruption Commission estimates that a third of the country’s annual budget is embezzled in corrupt deals with colossal am..
On 7th December 2021, Parliament enacted The Central Bank of Kenya (Amendment) Act of 2021 effectively providing the Central Bank of Kenya (CBK) with the powers to license and oversight the previously unregulated digital credit providers.
At the end of last year, KN Law LLP broke ground in the financial world by acting for a borrower in a debt finance transaction in Stable Coin. Stable Coin is a crypto asset that aims to maintain a sta..
The Central Bank of Kenya (CBK) recently published a discussion paper on the feasibility of a central bank digital currency (CBDC). The CBDC is intended to be a sovereign ..
On 18 February 2022, the much-anticipated Climate Change Bill (Bill), which was published for comment on 8 June 2018, was introduced in Parliament. The publication and introduction of the Bill to Parliament for consideration is in accordance with South Africa's impl..
The Employment (Amendment) Bill, 2021 which went through its first reading in the Senate on 2 December 2021 has recently received a lot of media attention for its proposal on providing employees with the right to disconnect from work and the right o..